559 Catterlin
Frankfort, IN 46041
- 4 beds
- 4 baths
- 6 sqft
- 10,019 sqft lot
- $66,650 per sqft
- – on site
Whether you are a seasoned investor, or just starting out, this 4-plex is ready for you. This home features 4-1 bedroom/1bath efficiency apartments that have been completely remodeled from head to toe. Imagine starting your investment journey with a multi-family property that needs the minimum in savings for those dreaded capital expenditures. Starting from the top; New roof, soffits, gutters and windows. Each apartment has been drywalled and painted. They have been made to withstand wear and tear with water proof flooring. Each bathroom has new vanities, toilets and shower surrounds. Each kitchen has new cabinets, countertops and appliances. Underneath you will find new electrical and plumbing. New HVAC systems and water heaters. Each tenant will have access to your private laundry room located at the back of the home. Included are two sets of coin-operated washer and dryers. Each apartment is metered separately as well! There is plenty of off street parking and a large shed that could be rented out for storage. 3 units remain empty as this property was just finished. Unit 2 is currently leased. This property is a must see!
Last checked:
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Last updated Mar 4, 2025
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MLS# 202506621 —
The Building
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Year Built:1900
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New Construction:No
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Architecural Style:Georgian
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Style:Two Story
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Roof Material:Asphalt
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Exterior:Vinyl
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Amenities:Countertops-Laminate, Dryer Hook Up Electric, Foyer Entry, Range/Oven Hook Up Elec, Washer Hook-Up
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Basement:Yes
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Basement/Foundation:Partial Basement
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Total SqFt:4188
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Total Finished SqFt:3088
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Above Grade Finished SqFt:3088
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Total Below Grade SqFt:1100
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Below Grade Unfinished SqFt:1100
Interior
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Flooring:Other
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Fireplace:None
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Fireplace:No
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Laundry Level:Main
Room Dimensions
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1st Bedroom Length:14
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1st Bedroom Width:14
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2nd Bedroom Length:13
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2nd Bedroom Width:12
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3rd Bedroom Width:11
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3rd Bedroom Length:12
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4th Bedroom Length:14
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4th Bedroom Width:15
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Laundry Room Length:17
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Laundry Room Width:6
Location
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Directions to Property:From I65 and SR 28, travel east on SR 28 toward Frankfort. Turn left onto S Jackson St, then right onto E Washington St. At the stop sign, turn left onto Washington Ave, then left onto Catterlin St.
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Latitude:40.285195
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Longitude:-86.502953
The Property
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Parcel# ID:12-10-11-104-008.000-021
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Property Subtype:Site-Built Home
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Location:City/Town/Suburb
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Lot Dimensions:56X186
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Lot Description:Level
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Approx Lot Size SqFt:10019
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Approx Lot Size Acres:0.23
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Fence:None
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Driveway:Gravel
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Waterfront:No
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Water Features:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Annual Taxes:2453.26
Beds
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Total # Bedrooms:4
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1st Bedroom Level:Main
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2nd Bedroom Level:Main
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3rd Bedroom Level:Upper
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4th Bdrm Level:Upper
Baths
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Total Baths:4
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Total Full Baths:4
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# of Full Baths Main:2
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# of Full Baths Upper:2
The Listing
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Unbranded Virtual Tour:https://www.propertypanorama.com/instaview/irmls/202506621
Heating & Cooling
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Heating Fuel:Gas, Forced Air
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Cooling:Central Air
Utilities
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Water Utility:City
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Sewer:City
Schools
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Elementary:Suncrest
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Middle School:Frankfort
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High School:Frankfort
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School District:Community Schools of Frankfort
The Community
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Subdivision:None
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Pool:No
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Association Dues Frequency:Not Applicable
Parking
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Garage:No
Monthly cost estimate

Asking price
$399,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,141
|
Taxes | $834 |
Insurance | $109 |
Utilities | N/A |
Total | $3,084/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
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3/3/25
Mar 3, 2025
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Listed / Active | IRMLS | $399,900 |